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Rugged SUV maker Jeep officially announced plans to launch a Renegade EV in the US for under $25,000. However, industry experts believe the low starting price point may be hard to hit. Can Jeep deliver an electric Renegade for under $25K?

A new affordable Jeep EV is coming to the US

Jeep confirmed plans to launch a new Renegade EV during its Investor Day earlier this month. The electric SUV will start at under $25,000 as Jeep aims to revamp the brand in the US.

As part of the overhaul, the rugged SUV brand is returning to the small UV segment in North America. Jeep will add a new model every year over the next three years to build a 13-vehicle lineup.

By 2027, Jeep will launch six fully electric vehicles. These will include the Wagoneer S, Recon, a new mainstream UV, and the Renegade EV, which will start under $25,000.

The revamped lineup will help increase market coverage in North America from 45% in 2023 to 85% in 2027.

Stellantis CEO Carlos Tavares told investors last month that a $25,000 EV was coming to the US very soon. “If you ask me what is an affordable BEV, I would say 20,000 euros in Europe and $25,000 in the US,” Tavares explained.

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Jeep plans electric Renegade for under $25,000 (Source: Stellantis)

Like the $21,500 (20,000 euro) Citroen e-C3, launched in Europe, the US “will have a $25,000 Jeep very soon,” Tavares said.

Is a $25,000 Jeep Renegade EV possible?

Although Jeep dealers say an affordable electric Jeep Renegade would likely sell, can the brand deliver it for under $25,000?

Stellantis dealer Ralph Mahalak Jr. would welcome a low-cost electric Jeep. Mahalak owns six dealerships in Ohio, Michigan, and Florida.

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Jeep Recon electric SUV (Source: Stellantis)

“If it’s inexpensive and competitive with all the other the little EVs in that price class and that size class, obviously I’m up for it,” he told Automotive News.

Mahalak explained that the model would need 200 to 300 miles range to compete in the US market.

According to global auto forecasting firm AutoForecast Solutions, Jeep may have a hard time hitting its price target. The firm does not expect Jeep to build the Renegade EV in North America, which would disqualify it from receiving federal incentives.

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Jeep Wagoneer S Trailhawk concept (Source: Jeep)

“The way it’s laid out right now, it’s either going to come from Poland, which is most likely, or Brazil,” AutoForecast Solutions VP Sam Fiorani said.

Either way, Fiorani explained, “it would not get IRA incentives on it, which makes it a wholly $25,000 vehicle,” which would be difficult to achieve.

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Jeep Wagoneer S (Source: Stellantis)

Jeep could eliminate features or reduce interior quality to meet its target. However, it can’t go too cheap, or Jeep could hurt the brand.

Other industry analysts, like Edmunds’ Joseph Yoon, believe a Jeep Renegade EV could sell, even if it costs slightly over $25,000.

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Jeep Wagoneer S Launch Edition Radar Red interior (Source: Jeep)

“If the Renegade comes in at, let’s say [$30,000] starting for the launch models, or maybe even [$35,000],” Yoon believes it could put up some numbers for Jeep. But, again, Jeep can’t cut too many corners regarding range, features, and interior quality.

Electrek’s Take

Jeep plans to enter the affordable EV segment in the US (and globally) as part of a wider brand overhaul.

Jeep’s US sales slipped 6% last year after falling 12% in 2022. After sales peaked in 2018, reaching nearly 1 million, Jeep has struggled to gain momentum.

Jeep CEO Antonio Filosa believes Jeep’s new electric models can help turn things around. The new Wagoneer S, unveiled last month, will compete with the best, including Tesla. Filosa said “Something like 100% will be conquested,” regarding Wagoneer S sales.

“The brands we are targeting are mainly Tesla… but there are many others,” Jeep’s chief boasted earlier this month.

Meanwhile, most rivals are also targeting the low-cost EV segment at this point. Kia opened orders for its EV3, starting at $30,700 (KRW 42.08 million), in Korea earlier this month.

Although Volvo EX30 deliveries are delayed again for the US, the compact electric SUV starts at $35,000 with deliveries now slated to begin next year. In Europe, the EX30 is already off to a hot start.

Chevy’s new Equinox EV is rolling out, with a $35,000 model coming later this year. Volkswagen, Ford, Hyundai, and several others are all looking to capitalize on the climbing demand for low-cost EVs.

Would you buy a Jeep Renegade EV for under $25,000? What about $35,000? Let us know what features and range you would expect in the comments below.

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Tesla files patent to integrate Starlink satellite antennas inside its cars

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Tesla files patent to integrate Starlink satellite antennas inside its cars

Tesla has filed a new patent that strongly suggests the automaker is preparing to integrate Starlink satellite receivers directly into its vehicles.

The reason why is still unclear.

Tesla vehicles are already some of the most connected machines on the planet, relying heavily on cellular networks for everything from Autopilot data collection to over-the-air software updates and streaming features.

But cellular coverage has limits.

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Now, a new patent filing reveals Tesla’s solution.

The patent, titled “Vehicle Roof Assembly with Radio Frequency Transparent Material,” describes a new roof structure designed specifically to allow satellite signals to pass through.

The filing notes that traditional automotive glass and metal roofs often block or attenuate satellite signals, making it difficult to hide an antenna inside the cabin. Tesla’s solution is to use specific polymer blends, such as polycarbonate or acrylonitrile styrene acrylate, that are “radio frequency (RF) transparent.”

The patent explicitly mentions that this assembly allows for the integration of “antennae directly into the roof structure, facilitating clear communication with external devices and satellites.”

Here is a drawing from the patent showing the multi-layer roof structure designed to hide the antenna while maintaining structural integrity:

While the patent doesn’t name “Starlink” directly (patents rarely name specific commercial products), the implications are obvious. Starlink, SpaceX’s satellite internet constellation, is a high-bandwidth, low-latency satellite network capable of supporting the kind of data Tesla vehicles consume.

We have already seen some Tesla owners retrofit Starlink Mini dishes onto their cars for off-grid camping, but this patent suggests a factory-integrated solution where the antenna is completely invisible, hidden inside the roof lining.

This would allow a Tesla to seamlessly switch between 5G cellular networks and the Starlink satellite network, depending on coverage, ensuring the car is always online.

Electrek’s Take

Cars don’t necessarily need satellite connections.

For a while, some thought it could be needed for autonomous driving by enabling constant connectivity, but it is generally accepted that you can’t rely on any kind of internet or in-car communication for self-driving. The risk is too high.

For the most part, a cellular connection is perfectly fine for a car.

However, I wouldn’t mind this if it’s offered as an option for people who are looking to stay connected in more remote areas. It could make sense for that.

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Oil rebounds from lowest levels since 2021 after Trump orders Venezuela oil tanker blockade

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Oil rebounds from lowest levels since 2021 after Trump orders Venezuela oil tanker blockade

U.S. crude futures rose more than 1% Wednesday as Trump ordered “a total and complete” block of all sanctioned oil tankers entering and leaving Venezuela.

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Crude oil prices bounced back from near four-year lows Wednesday, after President Donald Trump said the U.S. will block sanctioned tankers from entering and leaving Venezuela.

U.S. crude oil rose $1.03, or 1.86%, to $56.30 per barrel by 7:52 a.m. ET. Global benchmark Brent was trading at $59.96, up $1.04 or 1.77%.

The U.S. benchmark had fallen to the lowest levels since early 2021 on Tuesday, as traders see a potential peace agreement in Ukraine bringing Russian crude back to a well supplied market.

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Oil, 5 years

But Trump’s pressure campaign against Venezuelan President Nicolas Maduro has lifted prices from those lows. The president said he ordered a “total and complete” blockade of sanctioned oil tankers leaving and entering Venezuela.

Trump’s blockade comes after the U.S. seized a sanctioned oil tanker off Venezuela’s coast last week in a major escalation.

Venezuela is a founding member of OPEC and has the largest proven crude oil reserves in the world.  It is exporting about 749,000 barrels per day this year, with at least half that oil going to China, according to data from Kpler.

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Baltimore homeowners could qualify for free home solar under new BGE program

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Baltimore homeowners could qualify for free home solar under new BGE program

Through the Exelon Foundation, local utility Baltimore Gas and Electric (BGE) has granted $250,000 to Civic Works’ Baltimore Shines solar initiative to support no-cost rooftop solar installations for low- and moderate-income homeowners.

Exelon-owned BGE is working with Civic Works to ensure that up to thirty (30) qualifying homeowners will be able to receive no-cost rooftop solar installations as part of a BGE-funded initiative to add more clean, renewable, and affordable energy to the Baltimore grid.

“BGE is committed to investing in solutions that make energy more affordable and help our customers manage their bills. Baltimore Shines is making a real difference by helping families lower their energy costs while expanding access to clean, renewable power,” explains Tamla Olivier, president and CEO of BGE. “Today’s completion of the 50th solar installation brings affordable energy where it is needed most. Thank you to Civic Works for helping us build a more equitable, sustainable Baltimore.”

Each selected home will get the roof and electrical upgrades needed to go solar, along with a 20 year maintenance plan to make sure the systems continue to cut fossil fuel dependence, support BGE’s clean energy goals, and deliver real progress on environmental justice and energy equity for years to come.

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“We are also deeply appreciative of this new grant from BGE and the Exelon Foundation, which will expand access to clean energy and allow us to provide no-cost solar installations to additional limited- and moderate-income households,” says Eli Allen, senior program director of Civic Works. “Together, we are reducing monthly expenses for families and strengthening resilience across Baltimore neighborhoods.”

Once completed, those thirty homes are expected to generate more than 180,000 kWh of electricity per year, and cut more than 275,000 pounds of carbon dioxide emissions, annually. This solar initiative is also supported by the Maryland Energy Administration and the Mayor’s Office of Recovery Programs.

SOURCE | IMAGES: BGE, Civic Works.


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